10001 Custer Rd - Drug Store FOR SALE


Plano, TX 75025
$4,500,000 USD
513-300-0763
10001 Custer Rd, Plano, TX for Sale
$4,500,000 USD
Drug Store - FOR SALE
1/11
null | 8.06% Cap Rate

10001 Custer Rd
Plano, TX 75025


HIGHLIGHTS

  • Absolute Net Bond Lease | No Landlord Responsibilities
  • Texas is a Income Tax-Free State
  • Plano is Part of the Dallas Fort-Worth MSA | 4th Largest MSA in The Country | Population Exceeds 7.75M+
  • Extremely Affluent Community With Average Household Income Exceeding $154K Within a 3 Mile Radius
  • Located Across the Street From Trails at Creekside Apartment Complex | 444 Luxury Apartment Units | 5.7% Vacancy
  • Surging Population Growth With 4%+ Expected Annual Population Growth Within a 1/3/5 Mile Radius

OVERVIEW

Absolute Net Bond Lease | No Landlord Responsibilities Texas is a Income Tax-Free State Plano is Part of the Dallas Fort-Worth MSA | 4th Largest MSA in The Country | Population Exceeds 7.75M+ Extremely Affluent Community With Average Household Income Exceeding $154K Within a 3 Mile Radius Located Across the Street From Trails at Creekside Apartment Complex | 444 Luxury Apartment Units | 5.7% Vacancy Surging Population Growth With 4%+ Expected Annual Population Growth Within a 1/3/5 Mile Radius Steadily Growing Community | 1/3/5 Mile Population Annual Growth of 4%+ Since 2010 Within 5 Miles of Collin College | Student Enrollment Exceeds 52,812+ Within 3 Miles of Baylor Scott & White Medical Center | 118 Beds 30 Miles Outside of Downtown Dallas Within 25 Miles of Dallas Fort Worth International Airport Lease is Corporately Guaranteed by CVS, the largest pharmacy chain in the U.S | S&P “BBB+" The location is promising with the surrounding areas home value upwards of $416,271 within 10 miles

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

8.06%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS (subleased to Dollar General)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

63,859 SF

ZONING

COMM

APN/PARCEL ID

R-8129-001-0050-1

ASK ABOUT THIS PROPERTY

Brian BrockmanEncore Real Estate Investment ServicesMore Info
513-300-0763

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Brian BrockmanEncore Real Estate Investment ServicesMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.